Cash backed around current levels and has what appears to be a major Potash resource, what am I missing here?
Mkt Cap $28m
Cash $26m + $2m more coming from rural land sale so EV = zero
Oxley
Has just defined 155Mts JORC Potash deposit from only 3kms of a 32km strike length so less than 10% of the area
Has outlined an additional exploration target of 500Mts-800Mts of Potash
This would make it one of Australias Largest Potash plays and your paying zero for the project
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Last
1.7¢ |
Change
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Mkt cap ! $14.74M | |||
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